Groww’s Mutual Fund AUM Hits ₹2,000 Cr Ahead of IPO Surge

Image Source: Motilal Oswal

IPO-bound fintech unicorn Groww has crossed a major milestone, with its mutual fund assets under management (AUM) touching ₹2,000 crore in May 2025. This marks a 2.5x jump from ₹789 crore a year ago, underscoring the platform’s rapid expansion in the wealth management space.

Key Highlights:

•⁠ ⁠Acquisition Boost: Groww’s AUM growth was fueled by its 2023 acquisition of Indiabulls AMC, which had ₹342 crore in assets.

•⁠ ⁠Popular Offerings: The Groww Nifty Index and Groww Liquid Fund remain top-performing schemes.

•⁠ ⁠IPO Momentum: The company filed a confidential DRHP with SEBI in May and recently raised $200 million at a $7 billion valuation.

•⁠ ⁠Profitability: FY25 net profit surged 3x to ₹1,819 crore, with revenue up 31% YoY to ₹4,056 crore.

Outlook:

Groww’s AUM growth reflects its strong retail investor base and focus on long-term SIPs and index funds. With its IPO on the horizon and a planned acquisition of Fisdom for $150 million, Groww is poised to become a formidable player in India’s wealthtech ecosystem.

Source: Moneycontrol